- Justin Sun urges crypto community to back a pro-crypto U.S. president.
- If re-elected, Trump will promote Bitcoin, self-custody, and oppose CBDC.
- Long-term crypto success requires ethical leadership like Jack Ma and CZ.
The cryptocurrency community is being urged to support a U.S. presidential candidate who champions their interests.
TRON founder Justin Sun stated, “We need to demonstrate to the candidate that the cryptocurrency communities, companies, and protocols are vital stakeholders whose voices must be heard and whose interests must be protected.”
Former President Donald Trump is one American presidential contender who has expressed support for cryptocurrency, according to Coin Edition. Should he be re-elected, Trump has promised to champion Bitcoin and other cryptocurrencies.
In addition to supporting self-custody rights, he plans to keep well-known anti-crypto senator Elizabeth Warren away from the sector and to fight the introduction of Central Bank Digital Currency (CBDC) in the United States.
In response to Sun’s appeal, a user commented that politicians were only interested in themselves. However, he acknowledged that Trump has pledged to shield Bitcoin from governmental actions, potentially making this the first election that is truly favorable to cryptocurrency. Whether he will honor his word remains to be seen.
On the other hand, citing Binance’s Changpeng Zhao (CZ) and Jack Ma, Sun underlined the need for ethical leadership in the cryptocurrency industry. He noted that these leaders never choose the easy option. “It is not always easy and may not pay off right away to do the right thing. But never forget, ‘Do what is right, because it is right.'”
Sun observed a similar pattern in CZ’s entrepreneurial journey: profitable businesses are those that consistently outperform in user value.
The appeal to back pro-crypto presidential candidates is part of a larger effort by the cryptocurrency community to ensure their concerns are adequately represented in the highest levels of government.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
